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MONEY
DEFINATION OF MONEY
Money is any good that is widely used and
accepted of goods and service from one
person to another.
FUNCTION OF MONEY
A MEDIUM OF EXCHANGE:
• Money is important mean of all sell and
purehase of goods and service. It is
freely and large iteams in exchange.
PURCHASING POWER:
Money acts as a purchasing power one can
purchase with it.
A MEASURE OF VALUE:
With money on can measure the value of goods
and services. Money services as a standard
unit value by which the value of any good or
services can be measured or compared.
STORE OF VALUE
Money services as a liquid asset and store of
value are can store money for the long period
and can spend when needed value of any
commodity can be fixed in term of money.
MEANS OF TRANSFERRING VALUE:
The transfer of value from one place to another
place is convenient with the help of money.
KINDS OF MONEY
COINS:
The government issue the coin which are
made up of different metals, having
different value, specific design and dully
stamp by government coin money also
divide in to two parts.
1. Standard coins.
2. Token coins.
PAPER MONEY:
It is generally called notes ,made with paper
having different values specific design and
stamps by government. This is issued by the
central bank of any country.
What is Money? Defining its Functions and Types

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What is Money? Defining its Functions and Types

  • 1.
  • 3. DEFINATION OF MONEY Money is any good that is widely used and accepted of goods and service from one person to another.
  • 5. A MEDIUM OF EXCHANGE: • Money is important mean of all sell and purehase of goods and service. It is freely and large iteams in exchange.
  • 6. PURCHASING POWER: Money acts as a purchasing power one can purchase with it.
  • 7. A MEASURE OF VALUE: With money on can measure the value of goods and services. Money services as a standard unit value by which the value of any good or services can be measured or compared.
  • 8. STORE OF VALUE Money services as a liquid asset and store of value are can store money for the long period and can spend when needed value of any commodity can be fixed in term of money.
  • 9. MEANS OF TRANSFERRING VALUE: The transfer of value from one place to another place is convenient with the help of money.
  • 11. COINS: The government issue the coin which are made up of different metals, having different value, specific design and dully stamp by government coin money also divide in to two parts. 1. Standard coins. 2. Token coins.
  • 12. PAPER MONEY: It is generally called notes ,made with paper having different values specific design and stamps by government. This is issued by the central bank of any country.